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Let us see. Just one week left for Wahabi and Non Opec meeting. After so much Drama and Negotiations, I am sure Putin Inc will form some short of agreement, even if it is good handsake and no real action.
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At $40/barrel Wahabi don't have much options either. "Live and Let Live" is the only option left for Wahabi's. Some Shalers will survive and so will Wahabi.
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My bet is some short of production cut agreement, may be 2%.
Oil Rally Confirmed, page-11
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Last
$7.92 |
Change
0.100(1.28%) |
Mkt cap ! $25.72B | |||
| Open | High | Low | Value | Volume |
| $7.90 | $7.99 | $7.86 | $70.91M | 8.945M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 103131 | $7.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.93 | 3783 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |